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(Nelco) Nelco complete technical analysis [charts+indicators] | Buy/Sell Nelco | (Nelco) share price targets

Complete technical analysis of Nelco (Nelco) by charts plus indicators, forecast predictions and share price targets for Nelco (Nelco)

10 day averaged volume of Nelco is 10955

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 565.10 600.00 603.40 565.10 0.488 times
24 Tue May 2022 594.80 625.00 627.05 590.30 0.312 times
23 Mon May 2022 621.35 647.00 647.00 617.10 0.596 times
20 Fri May 2022 635.05 620.00 635.05 614.15 0.92 times
19 Thu May 2022 604.85 584.00 613.50 556.50 1.681 times
18 Wed May 2022 584.30 597.00 613.70 580.50 0.736 times
17 Tue May 2022 591.35 579.95 591.35 564.20 0.192 times
16 Mon May 2022 563.20 569.00 570.00 554.45 0.351 times
13 Fri May 2022 542.90 521.00 546.70 515.20 0.672 times
12 Thu May 2022 520.70 548.10 548.10 520.70 3.797 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 560.1 as stoploss in an intra day buy trade for a target of 604.93. However, stock will show a bearish move below 560.1.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 515.20
Downside Target 554.45
Upside Target 586.65
Upside Target 603.00
Upside Target 635.05
Upside Target 660.00
Upside Target 705.55
Upside Target 744.95
Upside Target 748.10
Upside Target 837.00
Upside Target 844.30
Upside Target 948.95

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 537.8
Downside Intraday Target 510.5
Upside Intraday Target 619.7
Upside Intraday Target 674.3
Upside Intraday Target 592.4

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 565.10 647.00 647.00 565.10 0.36 times
20 Fri May 2022 635.05 569.00 635.05 554.45 0.5 times
13 Fri May 2022 542.90 615.00 615.00 515.20 4.257 times
06 Fri May 2022 616.30 649.00 659.00 603.00 0.717 times
29 Fri Apr 2022 661.05 744.95 744.95 660.00 1.391 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nelco (Nelco)

Date Monthly Closing Price Open High Low Volume
25 Wed May 2022 565.10 649.00 659.00 515.20 1.319 times
29 Fri Apr 2022 661.05 713.05 844.30 660.00 0.539 times
31 Thu Mar 2022 714.75 641.10 748.10 586.65 1.513 times
28 Mon Feb 2022 640.85 785.00 837.00 608.00 0.315 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nelco (Nelco)

Indicator Name Indicator Value Indicator Signal
ADX 21, 36, 26 Sell
MACD -49, -54Buy
Stochastics 60None
CCI -14Sell
RSI 51Buy
OBV -89073Sell
VWAP 566Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Nelco ( (Nelco) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nelco ( (Nelco) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nelco ( (Nelco) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nelco ( (Nelco) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nelco in short term but the buy signal is initial and weak.

Nelco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nelco in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nelco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 566.01 and Nelco (Nelco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Nelco (Nelco) stock. Volume based technical analysis of Nelco (Nelco) stock is negative.

Nelco Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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